Most large cryptocurrencies rise on Litecoin, Bitcoin Cash increases

Most of the largest cryptocurrencies were up during morning trading on Wednesday, with Litecoin
LTCUSD,
+13.56%

seeing the biggest change, jumping 14.04% to $78.79.

Seven additional currencies posted raises Wednesday. Bitcoin Cash
BCHUSD,
+7.12%

rose 6.94% to $114.89, and Dogecoin
DOGEUSD,
+2.95%

climbed 3.13% to 8 cents.

Ethereum
ETHUSD,
+3.00%

rallied 3.05% to $1,164.67, while Uniswap
UNIUSD,
+3.01%

increased 2.90% to $5.43. Bitcoin
BTCUSD,
+1.88%

increased 1.75% to $16,435.50.

Polkadot
DOTUSD,
+1.70%

and Cardano
ADAUSD,
+0.95%

rounded out the increases for Wednesday, with gains of 1.75% to $5.37 and 1.18% to 31 cents, respectively.

On the other hand, Ripple
XRPUSD,
-0.60%

posted the only drop, falling 0.61% to 37 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+3.78%

increased 1.52% to $44.05, while MicroStrategy Inc.
MSTR,
+2.70%

climbed 2.67% to $171.54. Riot Blockchain Inc.
RIOT,
+4.76%

shares rose 4.01% to $4.15, and shares of Marathon Digital Holdings Inc.
MARA,
+3.50%

rose 2.65% to $6.59.

Overstock.com Inc.
OSTK,
+1.47%

rose 1.43% to $24.18, while Block Inc.
SQ,
+1.03%

rose 0.02% to $62.73 and Tesla Inc.
TSLA,
+5.02%

rose 4.43% to $177.43.

PayPal Holdings Inc.
PYPL,
+0.33%

slipped 0.64% to $79.40, and Ebang International Holdings Inc.
EBON,
-3.15%

shares declined 3.15% to $5.85. NVIDIA Corp.
NVDA,
+2.29%

rallied 1.55% to $162.86, and Advanced Micro Devices Inc.
AMD,
+3.60%

increased 0.64% to $77.29.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+1.91%
,
which is focused on pure-play crypto companies, rallied 2.28% to $4.29. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+1.35%

rallied 1.21% to $16.53. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, climbed 7.12% to $9.05.


Editor’s Note: This story, which tracks nine of the top cryptocurrencies and excludes stable coins, was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones, FactSet and Kraken. See our market data terms of use.

This news is republished from another source. You can check the original article here